OLSON 34-191
OLSON 34-191 is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 3 wellbores on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 130,822 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $703K, with roughly $245K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 459 barrels a month, about 153 per wellbore. Its strongest month on the record we hold was September 2018, at 6,195 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about OLSON 34-191
- Who operates OLSON 34-191?
- OLSON 34-191 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is OLSON 34-191?
- OLSON 34-191 is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48665.
- Is OLSON 34-191 still producing?
- OLSON 34-191 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLSON 34-191 is August 2026.
- How much has OLSON 34-191 produced?
- OLSON 34-191 has reported 130,822 barrels of oil (bbl) to the Railroad Commission of Texas between November 2016 and August 2026, from 3 wellbores.
- How much is OLSON 34-191 worth?
- The remaining production from OLSON 34-191 is estimated to be worth about $703K in total as of 26 August 2026, within a range of $548K to $857K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLSON 34-191 is a fraction of it. The estimate fits an Arps decline curve to the production OLSON 34-191 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLSON 34-191 is an estimate of value, not an offer and not an appraisal.
- How much income does OLSON 34-191 generate in a year?
- OLSON 34-191 is forecast to net about $245K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OLSON 34-191 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 48665 |
| Wellbores | 3 |
| Reported production | 130,822 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $703K |
Where OLSON 34-191 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.